Ofcom should have final say on media takeovers, say peers

Committee says final decision on plurality issues should rest with regulator rather than secretary of stateA Lords committee has called for politicians to be stripped of the power to have the final say on large media deals, following the heavily criticised process surrounding News Corporation's £8bn bid to take full control of BSkyB.The House of Lords communications committee report on media plurality, published on Tuesday, also says the BBC should be included in any assessment for the first time, as should the impact of newspaper websites and digital outlets such as the Huffington Post, Google News, Facebook and Twitter.Lord Inglewood, the committee's chair, said the industry regulator Ofcom should have the final say on plurality and competition issues surrounding any major media deal."Issues surrounding media plurality have come under the policy spotlight during the present parliament, after concerns were raised about the proposed (and subsequently abandoned) purchase of BSkyB by News Corporation," Inglewood said. "Responsibility for reconciling plurality and competition assessments of transactions and for reaching a final decision should rest with the Ofcom board, not the secretary of state."The government's handling of an investigation into Rupert Murdoch's attempt to increase his stake in BSkyB from 39.1% to full control in 2010/2011 attracted widespread criticism.Vince Cable, the business secretary, was stripped of responsibility for weighing the ramifications of... Continue reading at 'The Guardian'

[ The Guardian | 2014-02-04 00:00:00 UTC ]
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Read Marilynne Robinson’s 1988 review of Raymond Carver’s final collection.

Raymond Carver, one of the most beloved and influential short story writers in the history of American fiction, was born eighty-five years ago today. Below is a New York Times review of Carver’s final story collection, Where I’m Calling From, written by future Pulitzer Prize (and Orange Prize,... Continue reading at Literrary Hub

[ Literrary Hub | 2023-05-25 17:31:12 UTC ]
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Kraft increases investment in its digital media mix with a focus on nostalgia and millennial parents

In addition to preparing television and sponsored ads, Kraft has also taken an interest in digital OOH and social media displays to account for how consumer shopping habits have changed. Continue reading at Digiday

[ Digiday | 2023-05-22 04:01:00 UTC ]
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New Leaf Literary & Media Faces Backlash After Dropping Authors

After New Leaf "amicably" parting ways with literary agent Jordan Hamessley on May 12, authors affected by the agent's departure took to Twitter to express concern over how the transition was handled as the agency defends their actions. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-15 04:00:00 UTC ]
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Prince Harry’s ghostwriter, JR Moehringer, says pair bonded over media intrusion

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[ The Guardian | 2023-05-09 03:35:56 UTC ]
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Vice Media close to deal for sale out of bankruptcy

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[ The Guardian | 2023-05-05 16:21:38 UTC ]
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New Leaf Literary & Media Evolves Team to Meet Changing Industry Demands

The New York City-based literary agency announced three new director-level promotions among several new hires and staff changes across the agency. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-04 04:00:00 UTC ]
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Vice Media reportedly headed for bankruptcy

Plan comes amid waves of media layoffs and closures, including shuttering of BuzzFeed NewsVice, the global news publisher and TV company that was once valued at nearly $6bn (£5bn), is reportedly close to filing for bankruptcy.The company, whose assets include Vice News, Motherboard, Refinery29... Continue reading at The Guardian

[ The Guardian | 2023-05-02 14:10:53 UTC ]
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Microsoft inks another cloud gaming deal after the UK blocked its Activision takeover

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[ Engadget | 2023-04-28 17:25:18 UTC ]
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Nick Johnson, influential digital media ad leader, dies at 55

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[ Advertising Age | 2023-04-20 18:45:34 UTC ]
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Betr ‘crossed the line’ with illegal ads in News Corp media encouraging gambling, regulator says

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[ The Guardian | 2023-04-14 02:39:52 UTC ]
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How advertisers are addressing media wastage

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[ Digiday | 2023-04-07 15:17:55 UTC ]
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School Reports: Essence biggest faller among top 10 media shops in Nielsen table

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[ Media Week | 2023-03-26 21:50:25 UTC ]
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Bloomberg Media Fills Chief Revenue Officer Role, Accelerating Ad Revenue Growth

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[ AdWeek | 2023-03-17 11:28:40 UTC ]
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Ozy Media shuts down in wake of founder Carlos Watson's arrest on fraud charges

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[ Silicon Valley Business Journal | 2023-03-02 23:25:40 UTC ]
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Bologna Book Fair Names Cross Media Award Winners

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[ Publishing Perspectives | 2023-02-16 14:17:21 UTC ]
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Women still vastly underrepresented in Australian media, report says

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[ The Guardian | 2023-02-13 01:49:08 UTC ]
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Here’s what a $7M, 30-second Super Bowl ad can purchase in digital media in 2023

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That long-promised, official Barbra Streisand memoir is finally getting published

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[ Los Angeles Times | 2023-02-08 20:02:43 UTC ]
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Abcarian: Privileged, tormented, and finally, liberated: Prince Harry unshackles himself from the royal family

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[ Los Angeles Times | 2023-01-14 11:00:18 UTC ]
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Media Agencies Call on Marketers to Change Their Digital Strategies

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[ AdWeek | 2023-01-11 13:54:14 UTC ]
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